Matthew Robert Van Epps Sells Apple Inc. Shares

Matthew Robert Van Epps sold Apple Inc. shares valued between $1,001 and $15,000.

Key Points

  • Matthew Robert Van Epps, a member of the U.S. House of Representatives, sold Apple Inc. shares valued between $1,001 and $15,000 on June 16, 2026.
  • Apple Inc. shares recently traded at $299.24, with a market cap of about $4.4 trillion and a P/E ratio of 36.23.
  • Analysts like TD Cowen and Morgan Stanley maintain a 'buy' rating for Apple, with price targets reaching up to $400.

Matthew Robert Van Epps, a member of the U.S. House of Representatives, sold a portion of his shares in Apple Inc. on June 16, 2026. The transaction was valued between $1,001 and $15,000, according to a filing reported on June 17, 2026. This sale is part of the routine financial disclosures required under the STOCK Act.

Other Institutional Activity in Apple Inc.

Several major funds have been adjusting their positions in Apple Inc. BlackRock, Inc. trimmed its holdings by 9,970,306 shares, leaving it with about 1.14 billion shares valued at $290.5 billion. Meanwhile, Geode Capital Management, LLC increased its stake by 10,584,437 shares, bringing its total to 368.6 million shares worth around $93.3 billion. Vanguard Capital Management LLC initiated a new position with 953.8 million shares, valued at approximately $242.1 billion.

Apple Inc. Stock Snapshot

Shares of NasdaqGS:AAPL recently traded at $299.24. Apple Inc. boasts a market cap of approximately $4.4 trillion, with a P/E ratio of 36.23 and a beta of 1.09. The stock's 52-week range spans from $195.07 to $317.40, and it has a 50-day moving average of $287.11 and a 200-day moving average of $267.53. Apple's financial health is reflected in its current ratio of 1.07 and a debt-to-equity ratio of 79.55.

Recent Earnings

Apple Inc. reported revenue of $451.4 billion, marking a growth of 16.6%. The company's net margin stands at 27.15%, and it has a return on equity of 141.47%. Earnings per share (EPS) came in at $8.26. Investors are looking forward to the next earnings report set for July 30, 2026.

Dividend

Apple Inc. pays an annual dividend rate of $1.08, yielding 0.36% with a payout ratio of 12.59%. This provides shareholders with a modest income stream alongside the potential for capital appreciation.

Insider Buying and Selling at Apple Inc.

Recent insider activity at Apple Inc. includes Arthur Levinson, who sold 65,000 shares on May 27, 2026. Ben Borders, the Principal Accounting Officer, sold 1,274 shares at an average price of $290 on May 8, 2026, under a planned sale. Additionally, Kevan Parekh, Senior Vice President and CFO, sold 1,534 shares at $275 on April 23, 2026, also as a planned transaction.

Analysts Set New Price Targets

On June 9, 2026, TD Cowen and Maxim Group both maintained their 'buy' ratings for Apple, setting a price target of $350. Rosenblatt held a 'hold' rating with a target of $276. Morgan Stanley also maintained a 'buy' rating with a higher target of $360. The consensus among 43 analysts is a 'buy' recommendation, with a mean target price of $312.72.

About Apple Inc.

Apple Inc., headquartered in Cupertino, California, is a leader in the technology sector, particularly in consumer electronics. The company designs and sells a range of products including iPhones, iPads, Macs, and various wearables. Under the leadership of CEO Timothy D. Cook, Apple also offers services like Apple Music, Apple TV, and Apple Pay, catering to both consumers and enterprises worldwide. Founded in 1976, Apple continues to innovate in multiple markets.

Bottom Line

The sale by Matthew Robert Van Epps is part of routine financial disclosures and doesn't necessarily reflect a change in Apple's prospects. Apple continues to be a significant player in the tech industry, with analysts maintaining strong ratings and high price targets. Investors keep a close eye on such activities to gauge market sentiment and institutional confidence in Apple's future.

See Also

This instant news alert was generated by automated narrative technology and financial data from EarningsIQ and public regulatory filings. It is for informational purposes only and is not financial advice.